Bank Of India Supauli Siwan Bihar MICR CODE

Find MICR Codes for Bank Of India Supauli Siwan Bihar

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MICR Code	-NA-
Bank	Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Supaul
Contact	6473-6473224986
Bank Details	Bank Of India Supaul BKID0004496

Location	Supauli, Siwan
City	Supauli
District	Siwan
State	Bihar
Pincode	841226
Country	IN
Address	Mahavir chowk, supaul , bihar

Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 0 for Supaul branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 0 of BOI, Supaul branch makes the system almost error free and faster. Use of BOI MICR codes for Supaul branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Bank Of India are available with micr code -

>>Supaul >>Supauli

MICR code for Bank Of India Supaul

Bank Of India MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. BOI MICR code for Supaul is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 0 is the MICR code of Bank Of India for Supaul branch. MICR code for Supaul branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for BOI Supaul is presented in the table alongside.

Use of BOI MICR code for Supaul branch in supauli

The MICR code 0 is used in RBI cheque clearing process to identify the branch Supaul and BOI bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Bank Of India is typically in either of these two font’s: E-138 and CMC-7.

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